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February 17th, 2015, VANCOUVER, B.C. – ASHBURTON VENTURES INC. (TSX-V: ABR) (ARB-FRANKFURT) (“Ashburton” or the "Company”) announces it has entered into an agreement to acquire a 100-per-cent interest in the Chapeau Prospect from two arm's-length vendors.
The Chapeau Prospect is a copper gold property located in northern British Columbia and consists of approximately 400 contiguous hectares.
Terms for the agreement call for the issuance of 4 million shares for a 100 percent interest in the claims. Due to current market conditions no cash will be included in the acquisition.
This agreement is subject to TSX Venture Exchange approval.
Ashburton Ventures is a junior exploration company with properties located in the Sheslay region of British Columbia.
ON BEHALF OF THE BOARD
Signed “Michael England”
Michael England, President
FOR FURTHER INFORMATION PLEASE CONTACT:
Telephone: 1-604-683-3995; Toll Free: 1-888-945-4770; www.AshburtonVentures.com
TSX.V ABR FRANKFURT ARB